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    3668 Rivertown Pkwy Grandville, MI 49418

    Sponsored
    For Lease
    $12 SF/Yr

    Grandville, MI retail opportunity. Two suites available.

    Lot size:
    340,881 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 3668 Rivertown Parkway in Grandville, Michigan, offers a prime opportunity for businesses seeking high-visibility space within a thriving retail environment. The property, a single, two-story building totaling 340,881 square feet, is situated in the bustling Rivertown Crossings Mall, boasting over 120 stores and a diverse range of dining and entertainment options. Two suites are currently available, with a minimum divisible space of 38,000 square feet and a maximum contiguous space of 76,881 square feet

    Property Features for 3668 Rivertown Pkwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    340,881 SF
    Total Rate
    355084.38

    Building Details

    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 1- Lower Level
    Size
    38,000 SF
    Rate per SF
    $13
    Space
    Suite - 2 Lower Level
    Size
    76,881 SF
    Rate per SF
    $12

    HighLights

    • Two‑story building totaling 340,881 square feet in Rivertown Crossings Mall, Grandville, MI.
    • Three loading docks.
    • Lower level ceiling height: 15'6" trusses, 17'0" decking.
    • Passenger and freight elevators.
    • Divisible suites available, minimum 38,000 SF, maximum 76,881 SF contiguous space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grandville
    County
    Kent
    State
    Michigan
    Longitude
    -85.7539377
    Latitude
    42.8786616

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    FAQs

    What type of property is this?
    Retail property - Grandville, MI retail opportunity. Two suites available.
    Where is this retail property located?
    The property is located at 3668 Rivertown Pkwy Grandville, MI.
    What is the lease rate?
    The lease rate is $12-$13 SF/Yr.
    What are key features of this property?
    This property features: Two-story building totaling 340,881 square feet in Rivertown Crossings Mall, Grandville, MI.; Three loading docks.; Lower level ceiling height: 15'6" trusses, 17'0" decking.
    Request Owner's contact information
    3668 Rivertown Pkwy Grandville, MI 49418
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3668 Rivertown Pkwy Grandville, MI 49418
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